QAD (QADI) Misses Street's Q3 Earnings; Guides FY09
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QAD (Nasdaq: QADI) reports Q3 EPS of $0.02, ex-items, 2 cents lower than the analyst estimate of $0.04. Revenue for the quarter was $67.8 million, versus the consensus of $70.55 million.
Sees FY09 sales of $274-$278 million, versus the consensus of $285.18 million.
QAD, Inc., together with its subsidiaries, provides enterprise software applications, professional services, and application support for multinational, large, and mid-range manufacturing companies.
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